Legal Question in Banking Law in India
Is there a case law where the outstanding amount was less than 20% of the principle and still SARFAESI Act was applied notwithstanding section 31(j) of the SARFAESI Act ?
Asked on 6/06/13, 9:40 pm
1 Answer from Attorneys
J. Radhakrishnan
independent Practice
So far we have not come across any such case
Answered on 6/07/13, 6:06 am
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